\documentclass[]{article}
\setlength{\pdfpagewidth}{8.5in} \setlength{\pdfpageheight}{11in}

\usepackage{natbib}
           \setlength{\bibhang}{.3in}
           \setlength{\bibsep}{.05in plus0.05in minus0.05in}
           \makeatletter
           \renewcommand{\bibsection}{
           \begin{center}
           \section*{\refname\@mkboth{\MakeUppercase{\refname}}
               {\MakeUppercase{\refname}}}
           \end{center}
           }


	\bibliographystyle{jf}
	
	\begin{document}


\begin{table}[htbp] 
  \caption{\bf  Local-PCA SDF and Macroeconomic - Financial Indicators   ($T=24$)}
\medskip
\setlength{\tabcolsep}{3pt}
\centering
\begin{tabular}{|| c  c c   ||} 
 \hline
     Indicator  Variable  & $p-value$  & $R^2 (\%)$  \\ [0.5ex]
 \hline\hline
 TED Spread  & 0.00  &  5.52   \\
 Business Confidence Index (OECD)	& 0.00 &	4.28 \\
Market Dislocation Index  (\citet{Pasquariello2014})	 &	0.00 &	4.26 \\
NBER Recession Indicator	& 0.00	& 3.61 \\
Unemployment Rate (\citet{GertlerGrinols1982})	&  0.00	& 3.50 \\
 Financial Uncertainty Index (\citet{Jurado2015}) 	&0.00 	& 3.34 \\
 Term Structure (\citet{ChenRollRoss1986})	  & 0.00 & 	3.09\\
 FRED Macroeconomic Indicator  & 0.00 & 3.08 \\
  Sentiment Index  (\citet{BakerWurgler2006}) & 0.00 &  2.38 \\
 VIX &	0.00 &	2.23 \\
 Chicago FED National Financial Condition Index 	& 0.00	&2.18 \\
Macro Uncertainty Index   (\citet{LudvigsonMaNg2021}) &	0.00 & 	1.99 \\
   Credit  (\citet{ChenRollRoss1986})  & 0.01 	&1.81 \\
Industrial Production (\citet{ChenRollRoss1986}) & 	0.00 &	1.55 \\
 \hline
\end{tabular}
        \parbox{7in}{\footnotesize{
  This table reports the explanatory power ($R^2$), and corresponding p-value, of the selected variables 
  when regressed on the estimated conditional SDF ($T=24$).}}
\label{TableFinInd}
\end{table}

\bibliography{Biblio_PCA}


\end{document}
